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The United States switched to more secure chip-and-PIN cards, which are governed by the EMV standard, from the insecure magnetic stripe used in credit and debit cards.
That’s a significant step toward enhancing transaction security and lowering card fraud, and it might suggest that the type of card fraud that depended on cloning is about to come to an end.
But as of late, our analysts have learned that a group of Brazilian cybercriminals has perfected a method for stealing card information and effectively counterfeiting chip-and-PIN cards.
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The majority of credit card cloning fraud is carried out via Solution Money Lab can be attached to hardware such as point of sale (POS) terminals or ATMs, allowing them to steal the information of anyone who uses that hardware by reading credit card information such as numbers, PINs, and CVV data through the magnetic stripe.
On POS terminals or ATMs, thieves can also make a fake keypad that gives them access to PIN data.
Once the data has been taken, the thief can use it to create an actual credit card that is tied to someone else’s funds.
The original cardholder might not even be aware that this has happened, but you can tell by looking through their bank accounts, financial statements, or credit scores to see if anything has changed.
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The data required to create a cloned card can be obtained in several ways. A criminal can simply peek over someone’s shoulder to discover their card’s PIN, or they can employ social engineering techniques to pressure them into disclosing it. Get your clone cards for sale today.
The PIN of everyone who inserts a card might likewise be copied by installing a phony keypad on an ATM or point-of-sale machine. buy, Clone Card near me, High Balance Cloned Cards
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